ThermoCL corporation has a Total Assets of $2,500 and Total Liabilities of $2,350. EBITDA of the company

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ThermoCL corporation has a Total Assets of $2,500 and Total Liabilities of $2,350. EBITDA of the company is $242. If the Net Income is $125.

What is the Probability of Default of this firm?

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Fundamentals of Financial Management

ISBN: 978-1337395250

15th edition

Authors: Eugene F. Brigham, Joel F. Houston

Posted Date: May 17, 2023 02:43 AM

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ThermoCL corporation has a Total Assets of $2,500 and Total Liabilities of $2,350. EBITDA of the company

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Fundamentals of Financial Management

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